View ValuationChugoku Electric Power 향후 성장Future 기준 점검 1/6Chugoku Electric Power (는) 각각 연간 1.1% 및 0.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 1.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 6.9% 로 예상됩니다.핵심 정보1.1%이익 성장률1.14%EPS 성장률Electric Utilities 이익 성장4.1%매출 성장률0.8%향후 자기자본이익률6.86%애널리스트 커버리지Low마지막 업데이트02 Jul 2026최근 향후 성장 업데이트Major Estimate Revision • Jul 03Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate fell from JP¥143 to JP¥128 per share. Revenue forecast steady at JP¥1.49t. Net income forecast to shrink 33% next year vs 28% decline forecast for Electric Utilities industry in Japan. Consensus price target broadly unchanged at JP¥1,025. Share price rose 3.8% to JP¥918 over the past week.Major Estimate Revision • Nov 21Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥205 to JP¥227. Revenue forecast unchanged at JP¥1.45t. Net income forecast to shrink 37% next year vs 27% decline forecast for Electric Utilities industry in Japan. Consensus price target of JP¥943 unchanged from last update. Share price rose 2.6% to JP¥988 over the past week.Price Target Changed • Jun 16Price target decreased by 10.0% to JP¥968Down from JP¥1,075, the current price target is an average from 4 analysts. New target price is 38% above last closing price of JP¥699. Stock is down 34% over the past year. The company is forecast to post earnings per share of JP¥196 for next year compared to JP¥274 last year.Major Estimate Revision • Feb 14Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥169 to JP¥195. Revenue forecast unchanged at JP¥1.50t. Net income forecast to shrink 26% next year vs 20% decline forecast for Electric Utilities industry in Japan. Consensus price target of JP¥1,063 unchanged from last update. Share price was steady at JP¥847 over the past week.Price Target Changed • Dec 11Price target decreased by 8.1% to JP¥1,113Down from JP¥1,210, the current price target is an average from 4 analysts. New target price is 26% above last closing price of JP¥883. Stock is down 16% over the past year. The company is forecast to post earnings per share of JP¥159 for next year compared to JP¥371 last year.Major Estimate Revision • Jun 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥1.56t to JP¥1.45t. EPS estimate also fell from JP¥172 per share to JP¥152 per share. Net income forecast to shrink 59% next year vs 39% decline forecast for Electric Utilities industry in Japan. Consensus price target up from JP¥1,306 to JP¥1,350. Share price was steady at JP¥1,110 over the past week.모든 업데이트 보기Recent updatesMajor Estimate Revision • Jul 03Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate fell from JP¥143 to JP¥128 per share. Revenue forecast steady at JP¥1.49t. Net income forecast to shrink 33% next year vs 28% decline forecast for Electric Utilities industry in Japan. Consensus price target broadly unchanged at JP¥1,025. Share price rose 3.8% to JP¥918 over the past week.공시 • Jun 23The Chugoku Electric Power Co., Inc. to Report Q1, 2027 Results on Jul 31, 2026The Chugoku Electric Power Co., Inc. announced that they will report Q1, 2027 results on Jul 31, 2026분석 기사 • May 05Chugoku Electric Power's (TSE:9504) Shareholders Have More To Worry About Than Only Soft EarningsThe Chugoku Electric Power Co., Inc.'s ( TSE:9504 ) recent weak earnings report didn't cause a big stock movement. Our...Reported Earnings • Apr 29Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥191 (down from JP¥274 in FY 2025). Revenue: JP¥1.44t (down 5.7% from FY 2025). Net income: JP¥68.5b (down 30% from FY 2025). Profit margin: 4.8% (down from 6.4% in FY 2025). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공시 • Apr 28The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 25, 2026The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 25, 2026.공시 • Apr 16Toda Corporation (TSE:1860) and The Chugoku Electric Power Co., Inc. (TSE:9504) acquired Asia Wind power Co., Ltd.Toda Corporation (TSE:1860) and The Chugoku Electric Power Co., Inc. (TSE:9504) acquired Asia Wind power Co., Ltd. on April 16, 2026. With this acquisition, The Chugoku Electric Power Co.,Inc. and TODA join Mitsui O.S.K. Lines, Ltd. and Hokutaku Co., Ltd. as investors in the Masuda-Hikimi Wind Power Project. Toda Corporation (TSE:1860) and The Chugoku Electric Power Co., Inc. (TSE:9504) completed the acquisition of Asia Wind power Co., Ltd. on April 16, 2026.Buy Or Sell Opportunity • Apr 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.9% to JP¥979. The fair value is estimated to be JP¥1,226, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.4% per annum. Earnings are forecast to decline by 7.1% per annum over the same time period.공시 • Mar 25The Chugoku Electric Power Co., Inc. to Report Fiscal Year 2026 Results on Apr 28, 2026The Chugoku Electric Power Co., Inc. announced that they will report fiscal year 2026 results on Apr 28, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.1%).Buy Or Sell Opportunity • Mar 11Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥973. The fair value is estimated to be JP¥803, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 0.1% per annum. Earnings are also forecast to decline by 11% per annum over the same time period.Buy Or Sell Opportunity • Feb 04Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.0% to JP¥954. The fair value is estimated to be JP¥789, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 0.8% per annum. Earnings are also forecast to decline by 12% per annum over the same time period.Reported Earnings • Jan 31Third quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2026 results: EPS: JP¥15.15 (down from JP¥75.32 in 3Q 2025). Revenue: JP¥329.8b (down 7.0% from 3Q 2025). Net income: JP¥5.45b (down 80% from 3Q 2025). Profit margin: 1.7% (down from 7.6% in 3Q 2025). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 126%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Dec 23The Chugoku Electric Power Co., Inc. to Report Q3, 2026 Results on Jan 30, 2026The Chugoku Electric Power Co., Inc. announced that they will report Q3, 2026 results on Jan 30, 2026분석 기사 • Dec 05These 4 Measures Indicate That Chugoku Electric Power (TSE:9504) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Declared Dividend • Nov 29First half dividend of JP¥17.00 announcedShareholders will receive a dividend of JP¥17.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 44% over the next 3 years. However, it would need to fall by 89% to increase the payout ratio to a potentially unsustainable range.Major Estimate Revision • Nov 21Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥205 to JP¥227. Revenue forecast unchanged at JP¥1.45t. Net income forecast to shrink 37% next year vs 27% decline forecast for Electric Utilities industry in Japan. Consensus price target of JP¥943 unchanged from last update. Share price rose 2.6% to JP¥988 over the past week.Reported Earnings • Nov 01Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: JP¥106 (up from JP¥78.66 in 2Q 2025). Revenue: JP¥396.7b (down 3.6% from 2Q 2025). Net income: JP¥38.0b (up 34% from 2Q 2025). Profit margin: 9.6% (up from 6.9% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.5%. Revenue is forecast to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.분석 기사 • Oct 29Little Excitement Around The Chugoku Electric Power Co., Inc.'s (TSE:9504) EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider The...분석 기사 • Sep 26Chugoku Electric Power (TSE:9504) Will Pay A Dividend Of ¥10.00The Chugoku Electric Power Co., Inc. ( TSE:9504 ) will pay a dividend of ¥10.00 on the 1st of December. The payment...공시 • Sep 26The Chugoku Electric Power Co., Inc. to Report Q2, 2026 Results on Oct 31, 2025The Chugoku Electric Power Co., Inc. announced that they will report Q2, 2026 results on Oct 31, 2025Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 9.5% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).분석 기사 • Sep 11Chugoku Electric Power (TSE:9504) Is Looking To Continue Growing Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...분석 기사 • Aug 11Chugoku Electric Power (TSE:9504) Will Pay A Dividend Of ¥10.00The Chugoku Electric Power Co., Inc. ( TSE:9504 ) has announced that it will pay a dividend of ¥10.00 per share on the...Reported Earnings • Aug 02First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥74.54 (up from JP¥64.85 in 1Q 2025). Revenue: JP¥329.6b (flat on 1Q 2025). Net income: JP¥26.8b (up 15% from 1Q 2025). Profit margin: 8.1% (up from 7.1% in 1Q 2025). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.분석 기사 • Jul 24Chugoku Electric Power (TSE:9504) Will Pay A Dividend Of ¥10.00The Chugoku Electric Power Co., Inc.'s ( TSE:9504 ) investors are due to receive a payment of ¥10.00 per share on 1st...분석 기사 • Jul 09Chugoku Electric Power (TSE:9504) Is Due To Pay A Dividend Of ¥10.00The Chugoku Electric Power Co., Inc. ( TSE:9504 ) has announced that it will pay a dividend of ¥10.00 per share on the...Declared Dividend • Jul 09Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 29th September 2025 Payment date: 1st December 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 28% over the next 3 years. However, it would need to fall by 89% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Jun 29Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥274 (down from JP¥371 in FY 2024). Revenue: JP¥1.53t (down 6.1% from FY 2024). Net income: JP¥98.5b (down 26% from FY 2024). Profit margin: 6.4% (down from 8.2% in FY 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 33%. Revenue is forecast to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.분석 기사 • Jun 25Why Investors Shouldn't Be Surprised By The Chugoku Electric Power Co., Inc.'s (TSE:9504) Low P/EWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider The...Buy Or Sell Opportunity • Jun 24Now 20% overvaluedOver the last 90 days, the stock has fallen 25% to JP¥685. The fair value is estimated to be JP¥569, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.6% per annum. Earnings are also forecast to decline by 10% per annum over the same time period.공시 • Jun 20The Chugoku Electric Power Co., Inc. to Report Q1, 2026 Results on Jul 31, 2025The Chugoku Electric Power Co., Inc. announced that they will report Q1, 2026 results on Jul 31, 2025Price Target Changed • Jun 16Price target decreased by 10.0% to JP¥968Down from JP¥1,075, the current price target is an average from 4 analysts. New target price is 38% above last closing price of JP¥699. Stock is down 34% over the past year. The company is forecast to post earnings per share of JP¥196 for next year compared to JP¥274 last year.분석 기사 • May 28Calculating The Intrinsic Value Of The Chugoku Electric Power Co., Inc. (TSE:9504)Key Insights Chugoku Electric Power's estimated fair value is JP¥604 based on Dividend Discount Model Chugoku Electric...Reported Earnings • May 01Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥274 (down from JP¥371 in FY 2024). Revenue: JP¥1.53t (down 6.1% from FY 2024). Net income: JP¥98.5b (down 26% from FY 2024). Profit margin: 6.4% (down from 8.2% in FY 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 33%. Revenue is forecast to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공시 • Apr 30The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 26, 2025The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 26, 2025.New Risk • Apr 30New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.0% operating cash flow to total debt). Earnings are forecast to decline by an average of 6.1% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.분석 기사 • Apr 15Chugoku Electric Power (TSE:9504) Is Experiencing Growth In Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.1%).공시 • Mar 19The Chugoku Electric Power Co., Inc. to Report Fiscal Year 2025 Results on Apr 30, 2025The Chugoku Electric Power Co., Inc. announced that they will report fiscal year 2025 results on Apr 30, 2025Major Estimate Revision • Feb 14Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥169 to JP¥195. Revenue forecast unchanged at JP¥1.50t. Net income forecast to shrink 26% next year vs 20% decline forecast for Electric Utilities industry in Japan. Consensus price target of JP¥1,063 unchanged from last update. Share price was steady at JP¥847 over the past week.Reported Earnings • Feb 01Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: JP¥75.32 (up from JP¥7.01 loss in 3Q 2024). Revenue: JP¥354.5b (down 2.4% from 3Q 2024). Net income: JP¥27.1b (up JP¥29.6b from 3Q 2024). Profit margin: 7.6% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.분석 기사 • Dec 31Investors Don't See Light At End Of The Chugoku Electric Power Co., Inc.'s (TSE:9504) TunnelWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider The...공시 • Dec 27The Chugoku Electric Power Co., Inc. to Report Q3, 2025 Results on Jan 31, 2025The Chugoku Electric Power Co., Inc. announced that they will report Q3, 2025 results on Jan 31, 2025Price Target Changed • Dec 11Price target decreased by 8.1% to JP¥1,113Down from JP¥1,210, the current price target is an average from 4 analysts. New target price is 26% above last closing price of JP¥883. Stock is down 16% over the past year. The company is forecast to post earnings per share of JP¥159 for next year compared to JP¥371 last year.Declared Dividend • Nov 30First half dividend of JP¥5.00 announcedShareholders will receive a dividend of JP¥5.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 8.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Nov 29Chugoku Electric Power (TSE:9504) Seems To Be Using A Lot Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Nov 02Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: JP¥78.66 (down from JP¥168 in 2Q 2024). Revenue: JP¥411.6b (down 6.6% from 2Q 2024). Net income: JP¥28.3b (down 53% from 2Q 2024). Profit margin: 6.9% (down from 14% in 2Q 2024). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 7.8%. Revenue is forecast to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.6%).분석 기사 • Sep 10Chugoku Electric Power (TSE:9504) Shareholders Will Want The ROCE Trajectory To ContinueTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...공시 • Aug 28The Chugoku Electric Power Co., Inc. to Report Q2, 2025 Results on Oct 31, 2024The Chugoku Electric Power Co., Inc. announced that they will report Q2, 2025 results on Oct 31, 2024Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥64.85 (vs JP¥174 in 1Q 2024)First quarter 2025 results: EPS: JP¥64.85 (down from JP¥174 in 1Q 2024). Revenue: JP¥330.3b (down 18% from 1Q 2024). Net income: JP¥23.4b (down 63% from 1Q 2024). Profit margin: 7.1% (down from 16% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.분석 기사 • Jul 25Does Chugoku Electric Power (TSE:9504) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Declared Dividend • Jul 11Final dividend of JP¥5.00 announcedShareholders will receive a dividend of JP¥5.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.4%, which is higher than the industry average of 2.6%. Payout Ratios Payout ratio: 1%. Cash payout ratio: 6%.공시 • Jun 15The Chugoku Electric Power Co., Inc. to Report Q1, 2025 Results on Jul 31, 2024The Chugoku Electric Power Co., Inc. announced that they will report Q1, 2025 results on Jul 31, 2024Major Estimate Revision • Jun 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥1.56t to JP¥1.45t. EPS estimate also fell from JP¥172 per share to JP¥152 per share. Net income forecast to shrink 59% next year vs 39% decline forecast for Electric Utilities industry in Japan. Consensus price target up from JP¥1,306 to JP¥1,350. Share price was steady at JP¥1,110 over the past week.New Risk • May 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change).분석 기사 • May 28The Chugoku Electric Power Co., Inc.'s (TSE:9504) Shareholders Might Be Looking For ExitWith a median price-to-sales (or "P/S") ratio of close to 0.3x in the Electric Utilities industry in Japan, you could...Price Target Changed • May 16Price target increased by 17% to JP¥1,300Up from JP¥1,115, the current price target is an average from 3 analysts. New target price is 29% above last closing price of JP¥1,010. Stock is up 34% over the past year. The company is forecast to post earnings per share of JP¥172 for next year compared to JP¥371 last year.Reported Earnings • May 01Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥371 (up from JP¥431 loss in FY 2023). Revenue: JP¥1.63t (down 3.9% from FY 2023). Net income: JP¥133.5b (up JP¥288.9b from FY 2023). Profit margin: 8.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.2%. Revenue is expected to fall by 1.7% p.a. on average during the next 3 years compared to a 1.6% decline forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공시 • May 01The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 26, 2024The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 26, 2024.공시 • Apr 30Nitto Kogyo Corporation (TSE:6651) completed the acquisition of 57.13% stake in Tempearl Industrial Co.,Ltd. from The Chugoku Electric Power Co., Inc. (TSE:9504).Nitto Kogyo Corporation (TSE:6651) agreed to acquire 57.13% stake in Tempearl Industrial Co.,Ltd. from The Chugoku Electric Power Co., Inc. (TSE:9504) on January 31, 2024. Tempearl Industrial reported net assets of ¥8,055 million, total assets of ¥12,236 million, sales of ¥10,552 million and net income of ¥231 million in fiscal year ending March 3023. The transaction is expected to close on April 30, 2024.Nitto Kogyo Corporation (TSE:6651) completed the acquisition of 57.13% stake in Tempearl Industrial Co.,Ltd. from The Chugoku Electric Power Co., Inc. (TSE:9504) on April 30, 2024.분석 기사 • Apr 22Returns At Chugoku Electric Power (TSE:9504) Are On The Way UpIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...공시 • Mar 16The Chugoku Electric Power Co., Inc. to Report Fiscal Year 2024 Results on Apr 26, 2024The Chugoku Electric Power Co., Inc. announced that they will report fiscal year 2024 results on Apr 26, 2024Reported Earnings • Feb 02Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: JP¥7.01 loss per share (improved from JP¥307 loss in 3Q 2023). Revenue: JP¥363.3b (down 16% from 3Q 2023). Net loss: JP¥2.52b (loss narrowed 98% from 3Q 2023). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to fall by 2.9% p.a. on average during the next 3 years compared to a 2.9% decline forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.New Risk • Feb 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 14% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.8% operating cash flow to total debt). Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Price Target Changed • Dec 16Price target decreased by 17% to JP¥920Down from JP¥1,115, the current price target is an average from 3 analysts. New target price is 10% below last closing price of JP¥1,024. Stock is up 58% over the past year. The company is forecast to post earnings per share of JP¥347 next year compared to a net loss per share of JP¥431 last year.공시 • Dec 10The Chugoku Electric Power Co., Inc. to Report Q3, 2024 Results on Jan 31, 2024The Chugoku Electric Power Co., Inc. announced that they will report Q3, 2024 results on Jan 31, 2024Major Estimate Revision • Dec 09Consensus EPS estimates increase by 27%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from JP¥1.76t to JP¥1.66t. EPS estimate rose from JP¥241 to JP¥306. Net income forecast to grow 291% next year vs 23% decline forecast for Electric Utilities industry in Japan. Consensus price target up from JP¥1,115 to JP¥1,165. Share price rose 4.0% to JP¥1,030 over the past week.공시 • Nov 10Kibo Investment, L.P, managed by Yokohama Capital Co., Ltd, Sony Innovation Fund 3 L.P. managed by Sony Ventures Corporation, The Chugoku Electric Power Co., Inc. and Kyushu Electric Power Company, Incorporated acquired an unknown minority stake in iXs Co., Ltd. from INCJ, Ltd.Kibo Investment, L.P, managed by Yokohama Capital Co., Ltd, Sony Innovation Fund 3 L.P. managed by Sony Ventures Corporation, The Chugoku Electric Power Co., Inc. and Kyushu Electric Power Company, Incorporated acquired an unknown minority stake in iXs Co., Ltd. from INCJ, Ltd. in November 2023.Kibo Investment, L.P, managed by Yokohama Capital Co., Ltd, Sony Innovation Fund 3 L.P. managed by Sony Ventures Corporation, The Chugoku Electric Power Co., Inc. and Kyushu Electric Power Company, Incorporated completed the acquisition of an unknown minority stake in iXs Co., Ltd. from INCJ, Ltd. in November 2023.New Risk • Nov 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.9% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Large one-off items impacting financial results.Reported Earnings • Nov 02Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: JP¥168 (up from JP¥81.21 loss in 2Q 2023). Revenue: JP¥440.5b (up 1.3% from 2Q 2023). Net income: JP¥60.4b (up JP¥89.6b from 2Q 2023). Profit margin: 14% (up from net loss in 2Q 2023). Revenue missed analyst estimates by 12%. Earnings per share (EPS) exceeded analyst estimates by 111%. Revenue is expected to fall by 1.1% p.a. on average during the next 3 years compared to a 2.1% decline forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.공시 • Sep 13The Chugoku Electric Power Co., Inc. to Report Q2, 2024 Results on Oct 31, 2023The Chugoku Electric Power Co., Inc. announced that they will report Q2, 2024 results on Oct 31, 2023Reported Earnings • Jul 29First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: JP¥174 (up from JP¥74.28 loss in 1Q 2023). Revenue: JP¥401.1b (up 27% from 1Q 2023). Net income: JP¥62.6b (up JP¥89.4b from 1Q 2023). Profit margin: 16% (up from net loss in 1Q 2023). Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to stay flat during the next 3 years compared to a 1.2% decline forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.공시 • Jul 29+ 1 more updateThe Chugoku Electric Power Co., Inc. Provides Dividend Guidance for the Second Quarter and Year End for the Fiscal Year Ending March 31, 2024The Chugoku Electric Power Co., Inc. provided dividend guidance for the second quarter and year end for the fiscal year ending March 31, 2024. The company expects to pay dividend of JPY 5.00 per share for the second quarter of fiscal year ending March 31, 2024.The company expects to pay year end dividend of JPY 5.00 per share for the fiscal year ending March 31, 2024.공시 • Jun 24The Chugoku Electric Power Co., Inc. to Report Q1, 2024 Results on Jul 28, 2023The Chugoku Electric Power Co., Inc. announced that they will report Q1, 2024 results on Jul 28, 2023Price Target Changed • Jun 07Price target increased by 9.1% to JP¥720Up from JP¥660, the current price target is an average from 4 analysts. New target price is 19% below last closing price of JP¥891. Stock is up 4.7% over the past year. The company is forecast to post earnings per share of JP¥181 next year compared to a net loss per share of JP¥431 last year.공시 • May 26+ 1 more updateThe Chugoku Electric Power Co., Inc. Provides Dividend Guidance for the Second Period of 2024 and Year Ending March 31, 2024The Chugoku Electric Power Co., Inc. provided dividend guidance for the second period of 2024 and year ending March 31, 2024. For the period, the company expects to pay a dividend of ¥5.00 per share.For the year, the company expects to pay a dividend of ¥5.00 per share.Buying Opportunity • May 19Now 21% undervaluedOver the last 90 days, the stock is up 7.7%. The fair value is estimated to be JP¥937, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Apr 29Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: JP¥431 loss per share (further deteriorated from JP¥110 loss in FY 2022). Revenue: JP¥1.69t (up 49% from FY 2022). Net loss: JP¥155.4b (loss widened 291% from FY 2022). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 01Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: JP¥307 loss per share (further deteriorated from JP¥59.69 loss in 3Q 2022). Revenue: JP¥430.1b (up 55% from 3Q 2022). Net loss: JP¥110.7b (loss widened 415% from 3Q 2022). Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.Price Target Changed • Dec 14Price target decreased to JP¥660Down from JP¥768, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥646. Stock is down 31% over the past year. The company is forecast to post a net loss per share of JP¥513 next year compared to a net loss per share of JP¥110 last year.Major Estimate Revision • Dec 09Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥1.53t to JP¥1.60t. Forecast EPS reduced from -JP¥214 to -JP¥478 per share. Electric Utilities industry in Japan expected to see average net income growth of 12% next year. Consensus price target down from JP¥768 to JP¥733. Share price fell 3.3% to JP¥646 over the past week.공시 • Dec 07The Chugoku Electric Power Co., Inc. to Report Q3, 2023 Results on Jan 31, 2023The Chugoku Electric Power Co., Inc. announced that they will report Q3, 2023 results on Jan 31, 2023Price Target Changed • Nov 16Price target decreased to JP¥768Down from JP¥857, the current price target is an average from 4 analysts. New target price is 8.1% above last closing price of JP¥710. Stock is down 18% over the past year. The company is forecast to post a net loss per share of JP¥214 next year compared to a net loss per share of JP¥110 last year.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent External Director Makoto Furuse was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Oct 30Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: JP¥81.21 loss per share (down from JP¥21.88 profit in 2Q 2022). Revenue: JP¥435.0b (up 64% from 2Q 2022). Net loss: JP¥29.3b (down 471% from profit in 2Q 2022). Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Sep 24Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥1.49t to JP¥1.50t. Forecast EPS reduced from -JP¥148 to -JP¥229 per share. Electric Utilities industry in Japan expected to see average net income growth of 14% next year. Consensus price target down from JP¥857 to JP¥790. Share price was steady at JP¥763 over the past week.Price Target Changed • Sep 23Price target decreased to JP¥790Down from JP¥857, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥763. Stock is down 29% over the past year. The company is forecast to post a net loss per share of JP¥159 next year compared to a net loss per share of JP¥110 last year.Major Estimate Revision • Aug 26Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥1.34t to JP¥1.44t. Forecast EPS reduced from -JP¥51.25 to -JP¥159 per share. Electric Utilities industry in Japan expected to see average net income growth of 16% next year. Consensus price target down from JP¥903 to JP¥857. Share price was steady at JP¥844 over the past week.Reported Earnings • Jul 31First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: JP¥74.28 loss per share (down from JP¥3.78 loss in 1Q 2022). Revenue: JP¥314.8b (up 43% from 1Q 2022). Net loss: JP¥26.8b (loss widened JP¥25.4b from 1Q 2022). Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 17% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Jun 24Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥1.37t to JP¥1.42t. Forecast EPS reduced from -JP¥26.52 to -JP¥46.72 per share. Electric Utilities industry in Japan expected to see average net income growth of 29% next year. Consensus price target broadly unchanged at JP¥903. Share price rose 2.4% to JP¥855 over the past week.Price Target Changed • May 27Price target decreased to JP¥913Down from JP¥1,085, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥888. Stock is down 17% over the past year. The company is forecast to post earnings per share of JP¥61.30 next year compared to a net loss per share of JP¥110 last year.Reported Earnings • Apr 30Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: JP¥110 loss per share (down from JP¥40.42 profit in FY 2021). Revenue: JP¥1.14t (down 13% from FY 2021). Net loss: JP¥39.7b (down 373% from profit in FY 2021). Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) missed analyst estimates by 19%. Over the next year, revenue is forecast to grow 7.4%, compared to a 7.1% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent External Director Makoto Furuse was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (4.4%).Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: JP¥59.69 loss per share (down from JP¥0.37 profit in 3Q 2021). Revenue: JP¥277.6b (down 5.7% from 3Q 2021). Net loss: JP¥21.5b (down JP¥21.6b from profit in 3Q 2021). Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is expected to shrink by 3.2% compared to a 4.9% decline forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 01Second quarter 2022 earnings released: EPS JP¥21.88 (vs JP¥63.17 in 2Q 2021)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥265.4b (down 21% from 2Q 2021). Net income: JP¥7.88b (down 65% from 2Q 2021). Profit margin: 3.0% (down from 6.8% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 14% per year.이익 및 매출 성장 예측TSE:9504 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/20291,483,25060,075-106,400209,80043/31/20281,476,07559,950-105,550204,30043/31/20271,488,33346,200-85,450202,10033/31/20261,442,30268,539-29,856237,289N/A12/31/20251,488,82689,934N/AN/AN/A9/30/20251,513,576111,568-47,802271,175N/A6/30/20251,528,436101,914N/AN/AN/A3/31/20251,529,21898,474-192,330186,022N/A12/31/20241,520,36891,740N/AN/AN/A9/30/20241,529,14462,135-163,397125,254N/A6/30/20241,558,05194,226N/AN/AN/A3/31/20241,628,785133,50165,433271,393N/A12/31/20231,719,543131,860N/AN/AN/A9/30/20231,786,37523,66542,196247,462N/A6/30/20231,780,927-65,982N/AN/AN/A3/31/20231,694,602-155,378-265,802-62,696N/A12/31/20221,553,461-191,456N/AN/AN/A9/30/20221,400,937-102,241-268,706-80,949N/A6/30/20221,231,296-65,104N/AN/AN/A3/31/20221,136,646-39,705-185,615310N/A12/31/20211,132,046-34,860N/AN/AN/A9/30/20211,148,965-13,224-149,64938,420N/A6/30/20211,219,6781,658N/AN/AN/A3/31/20211,307,49814,564-75,796110,228N/A12/31/20201,286,56537,029N/AN/AN/A9/30/20201,309,03838,931-37,791140,579N/A6/30/20201,327,21199,382N/AN/AN/A3/31/20201,347,35290,056-44,269129,654N/A12/31/20191,368,95795,872N/AN/AN/A9/30/20191,371,78493,836N/A97,774N/A6/30/20191,388,45818,493N/AN/AN/A3/31/20191,376,97911,446N/A81,635N/A12/31/20181,368,16311,576N/AN/AN/A9/30/20181,352,5427,443N/A119,158N/A6/30/20181,327,04214,578N/AN/AN/A3/31/20181,314,96720,707N/A164,794N/A12/31/20171,282,4478,680N/AN/AN/A9/30/20171,255,3575,277N/A111,076N/A6/30/20171,222,6127,156N/AN/AN/A3/31/20171,200,37911,341N/A96,003N/A12/31/20161,196,40526,715N/AN/AN/A9/30/20161,205,80128,640N/A145,845N/A6/30/20161,211,63625,731N/AN/AN/A3/31/20161,231,57227,113N/A147,933N/A12/31/20151,263,30227,155N/AN/AN/A9/30/20151,280,89426,786N/A146,197N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 9504 의 연간 예상 수익 증가율(1.1%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 9504 의 연간 수익(1.1%)이 JP 시장(10%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 9504 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 9504 의 수익(연간 0.8%)이 JP 시장(연간 6.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 9504 의 수익(연간 0.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 9504의 자본 수익률은 3년 후 6.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/09 22:47종가2026/07/09 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스The Chugoku Electric Power Co., Inc.는 13명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Masanori MaruoBarclaysTakahiro MoriBofA Global ResearchTakashi MiyazakiCitigroup Inc10명의 분석가 더 보기
Major Estimate Revision • Jul 03Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate fell from JP¥143 to JP¥128 per share. Revenue forecast steady at JP¥1.49t. Net income forecast to shrink 33% next year vs 28% decline forecast for Electric Utilities industry in Japan. Consensus price target broadly unchanged at JP¥1,025. Share price rose 3.8% to JP¥918 over the past week.
Major Estimate Revision • Nov 21Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥205 to JP¥227. Revenue forecast unchanged at JP¥1.45t. Net income forecast to shrink 37% next year vs 27% decline forecast for Electric Utilities industry in Japan. Consensus price target of JP¥943 unchanged from last update. Share price rose 2.6% to JP¥988 over the past week.
Price Target Changed • Jun 16Price target decreased by 10.0% to JP¥968Down from JP¥1,075, the current price target is an average from 4 analysts. New target price is 38% above last closing price of JP¥699. Stock is down 34% over the past year. The company is forecast to post earnings per share of JP¥196 for next year compared to JP¥274 last year.
Major Estimate Revision • Feb 14Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥169 to JP¥195. Revenue forecast unchanged at JP¥1.50t. Net income forecast to shrink 26% next year vs 20% decline forecast for Electric Utilities industry in Japan. Consensus price target of JP¥1,063 unchanged from last update. Share price was steady at JP¥847 over the past week.
Price Target Changed • Dec 11Price target decreased by 8.1% to JP¥1,113Down from JP¥1,210, the current price target is an average from 4 analysts. New target price is 26% above last closing price of JP¥883. Stock is down 16% over the past year. The company is forecast to post earnings per share of JP¥159 for next year compared to JP¥371 last year.
Major Estimate Revision • Jun 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥1.56t to JP¥1.45t. EPS estimate also fell from JP¥172 per share to JP¥152 per share. Net income forecast to shrink 59% next year vs 39% decline forecast for Electric Utilities industry in Japan. Consensus price target up from JP¥1,306 to JP¥1,350. Share price was steady at JP¥1,110 over the past week.
Major Estimate Revision • Jul 03Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate fell from JP¥143 to JP¥128 per share. Revenue forecast steady at JP¥1.49t. Net income forecast to shrink 33% next year vs 28% decline forecast for Electric Utilities industry in Japan. Consensus price target broadly unchanged at JP¥1,025. Share price rose 3.8% to JP¥918 over the past week.
공시 • Jun 23The Chugoku Electric Power Co., Inc. to Report Q1, 2027 Results on Jul 31, 2026The Chugoku Electric Power Co., Inc. announced that they will report Q1, 2027 results on Jul 31, 2026
분석 기사 • May 05Chugoku Electric Power's (TSE:9504) Shareholders Have More To Worry About Than Only Soft EarningsThe Chugoku Electric Power Co., Inc.'s ( TSE:9504 ) recent weak earnings report didn't cause a big stock movement. Our...
Reported Earnings • Apr 29Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥191 (down from JP¥274 in FY 2025). Revenue: JP¥1.44t (down 5.7% from FY 2025). Net income: JP¥68.5b (down 30% from FY 2025). Profit margin: 4.8% (down from 6.4% in FY 2025). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공시 • Apr 28The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 25, 2026The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 25, 2026.
공시 • Apr 16Toda Corporation (TSE:1860) and The Chugoku Electric Power Co., Inc. (TSE:9504) acquired Asia Wind power Co., Ltd.Toda Corporation (TSE:1860) and The Chugoku Electric Power Co., Inc. (TSE:9504) acquired Asia Wind power Co., Ltd. on April 16, 2026. With this acquisition, The Chugoku Electric Power Co.,Inc. and TODA join Mitsui O.S.K. Lines, Ltd. and Hokutaku Co., Ltd. as investors in the Masuda-Hikimi Wind Power Project. Toda Corporation (TSE:1860) and The Chugoku Electric Power Co., Inc. (TSE:9504) completed the acquisition of Asia Wind power Co., Ltd. on April 16, 2026.
Buy Or Sell Opportunity • Apr 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.9% to JP¥979. The fair value is estimated to be JP¥1,226, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.4% per annum. Earnings are forecast to decline by 7.1% per annum over the same time period.
공시 • Mar 25The Chugoku Electric Power Co., Inc. to Report Fiscal Year 2026 Results on Apr 28, 2026The Chugoku Electric Power Co., Inc. announced that they will report fiscal year 2026 results on Apr 28, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.1%).
Buy Or Sell Opportunity • Mar 11Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥973. The fair value is estimated to be JP¥803, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 0.1% per annum. Earnings are also forecast to decline by 11% per annum over the same time period.
Buy Or Sell Opportunity • Feb 04Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.0% to JP¥954. The fair value is estimated to be JP¥789, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 0.8% per annum. Earnings are also forecast to decline by 12% per annum over the same time period.
Reported Earnings • Jan 31Third quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2026 results: EPS: JP¥15.15 (down from JP¥75.32 in 3Q 2025). Revenue: JP¥329.8b (down 7.0% from 3Q 2025). Net income: JP¥5.45b (down 80% from 3Q 2025). Profit margin: 1.7% (down from 7.6% in 3Q 2025). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 126%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Dec 23The Chugoku Electric Power Co., Inc. to Report Q3, 2026 Results on Jan 30, 2026The Chugoku Electric Power Co., Inc. announced that they will report Q3, 2026 results on Jan 30, 2026
분석 기사 • Dec 05These 4 Measures Indicate That Chugoku Electric Power (TSE:9504) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Declared Dividend • Nov 29First half dividend of JP¥17.00 announcedShareholders will receive a dividend of JP¥17.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 44% over the next 3 years. However, it would need to fall by 89% to increase the payout ratio to a potentially unsustainable range.
Major Estimate Revision • Nov 21Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥205 to JP¥227. Revenue forecast unchanged at JP¥1.45t. Net income forecast to shrink 37% next year vs 27% decline forecast for Electric Utilities industry in Japan. Consensus price target of JP¥943 unchanged from last update. Share price rose 2.6% to JP¥988 over the past week.
Reported Earnings • Nov 01Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: JP¥106 (up from JP¥78.66 in 2Q 2025). Revenue: JP¥396.7b (down 3.6% from 2Q 2025). Net income: JP¥38.0b (up 34% from 2Q 2025). Profit margin: 9.6% (up from 6.9% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.5%. Revenue is forecast to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
분석 기사 • Oct 29Little Excitement Around The Chugoku Electric Power Co., Inc.'s (TSE:9504) EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider The...
분석 기사 • Sep 26Chugoku Electric Power (TSE:9504) Will Pay A Dividend Of ¥10.00The Chugoku Electric Power Co., Inc. ( TSE:9504 ) will pay a dividend of ¥10.00 on the 1st of December. The payment...
공시 • Sep 26The Chugoku Electric Power Co., Inc. to Report Q2, 2026 Results on Oct 31, 2025The Chugoku Electric Power Co., Inc. announced that they will report Q2, 2026 results on Oct 31, 2025
Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 9.5% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).
분석 기사 • Sep 11Chugoku Electric Power (TSE:9504) Is Looking To Continue Growing Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
분석 기사 • Aug 11Chugoku Electric Power (TSE:9504) Will Pay A Dividend Of ¥10.00The Chugoku Electric Power Co., Inc. ( TSE:9504 ) has announced that it will pay a dividend of ¥10.00 per share on the...
Reported Earnings • Aug 02First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥74.54 (up from JP¥64.85 in 1Q 2025). Revenue: JP¥329.6b (flat on 1Q 2025). Net income: JP¥26.8b (up 15% from 1Q 2025). Profit margin: 8.1% (up from 7.1% in 1Q 2025). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
분석 기사 • Jul 24Chugoku Electric Power (TSE:9504) Will Pay A Dividend Of ¥10.00The Chugoku Electric Power Co., Inc.'s ( TSE:9504 ) investors are due to receive a payment of ¥10.00 per share on 1st...
분석 기사 • Jul 09Chugoku Electric Power (TSE:9504) Is Due To Pay A Dividend Of ¥10.00The Chugoku Electric Power Co., Inc. ( TSE:9504 ) has announced that it will pay a dividend of ¥10.00 per share on the...
Declared Dividend • Jul 09Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 29th September 2025 Payment date: 1st December 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 28% over the next 3 years. However, it would need to fall by 89% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Jun 29Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥274 (down from JP¥371 in FY 2024). Revenue: JP¥1.53t (down 6.1% from FY 2024). Net income: JP¥98.5b (down 26% from FY 2024). Profit margin: 6.4% (down from 8.2% in FY 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 33%. Revenue is forecast to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
분석 기사 • Jun 25Why Investors Shouldn't Be Surprised By The Chugoku Electric Power Co., Inc.'s (TSE:9504) Low P/EWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider The...
Buy Or Sell Opportunity • Jun 24Now 20% overvaluedOver the last 90 days, the stock has fallen 25% to JP¥685. The fair value is estimated to be JP¥569, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.6% per annum. Earnings are also forecast to decline by 10% per annum over the same time period.
공시 • Jun 20The Chugoku Electric Power Co., Inc. to Report Q1, 2026 Results on Jul 31, 2025The Chugoku Electric Power Co., Inc. announced that they will report Q1, 2026 results on Jul 31, 2025
Price Target Changed • Jun 16Price target decreased by 10.0% to JP¥968Down from JP¥1,075, the current price target is an average from 4 analysts. New target price is 38% above last closing price of JP¥699. Stock is down 34% over the past year. The company is forecast to post earnings per share of JP¥196 for next year compared to JP¥274 last year.
분석 기사 • May 28Calculating The Intrinsic Value Of The Chugoku Electric Power Co., Inc. (TSE:9504)Key Insights Chugoku Electric Power's estimated fair value is JP¥604 based on Dividend Discount Model Chugoku Electric...
Reported Earnings • May 01Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥274 (down from JP¥371 in FY 2024). Revenue: JP¥1.53t (down 6.1% from FY 2024). Net income: JP¥98.5b (down 26% from FY 2024). Profit margin: 6.4% (down from 8.2% in FY 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 33%. Revenue is forecast to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공시 • Apr 30The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 26, 2025The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 26, 2025.
New Risk • Apr 30New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.0% operating cash flow to total debt). Earnings are forecast to decline by an average of 6.1% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.
분석 기사 • Apr 15Chugoku Electric Power (TSE:9504) Is Experiencing Growth In Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.1%).
공시 • Mar 19The Chugoku Electric Power Co., Inc. to Report Fiscal Year 2025 Results on Apr 30, 2025The Chugoku Electric Power Co., Inc. announced that they will report fiscal year 2025 results on Apr 30, 2025
Major Estimate Revision • Feb 14Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥169 to JP¥195. Revenue forecast unchanged at JP¥1.50t. Net income forecast to shrink 26% next year vs 20% decline forecast for Electric Utilities industry in Japan. Consensus price target of JP¥1,063 unchanged from last update. Share price was steady at JP¥847 over the past week.
Reported Earnings • Feb 01Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: JP¥75.32 (up from JP¥7.01 loss in 3Q 2024). Revenue: JP¥354.5b (down 2.4% from 3Q 2024). Net income: JP¥27.1b (up JP¥29.6b from 3Q 2024). Profit margin: 7.6% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
분석 기사 • Dec 31Investors Don't See Light At End Of The Chugoku Electric Power Co., Inc.'s (TSE:9504) TunnelWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider The...
공시 • Dec 27The Chugoku Electric Power Co., Inc. to Report Q3, 2025 Results on Jan 31, 2025The Chugoku Electric Power Co., Inc. announced that they will report Q3, 2025 results on Jan 31, 2025
Price Target Changed • Dec 11Price target decreased by 8.1% to JP¥1,113Down from JP¥1,210, the current price target is an average from 4 analysts. New target price is 26% above last closing price of JP¥883. Stock is down 16% over the past year. The company is forecast to post earnings per share of JP¥159 for next year compared to JP¥371 last year.
Declared Dividend • Nov 30First half dividend of JP¥5.00 announcedShareholders will receive a dividend of JP¥5.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 8.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Nov 29Chugoku Electric Power (TSE:9504) Seems To Be Using A Lot Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Nov 02Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: JP¥78.66 (down from JP¥168 in 2Q 2024). Revenue: JP¥411.6b (down 6.6% from 2Q 2024). Net income: JP¥28.3b (down 53% from 2Q 2024). Profit margin: 6.9% (down from 14% in 2Q 2024). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 7.8%. Revenue is forecast to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.6%).
분석 기사 • Sep 10Chugoku Electric Power (TSE:9504) Shareholders Will Want The ROCE Trajectory To ContinueTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
공시 • Aug 28The Chugoku Electric Power Co., Inc. to Report Q2, 2025 Results on Oct 31, 2024The Chugoku Electric Power Co., Inc. announced that they will report Q2, 2025 results on Oct 31, 2024
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥64.85 (vs JP¥174 in 1Q 2024)First quarter 2025 results: EPS: JP¥64.85 (down from JP¥174 in 1Q 2024). Revenue: JP¥330.3b (down 18% from 1Q 2024). Net income: JP¥23.4b (down 63% from 1Q 2024). Profit margin: 7.1% (down from 16% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
분석 기사 • Jul 25Does Chugoku Electric Power (TSE:9504) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Declared Dividend • Jul 11Final dividend of JP¥5.00 announcedShareholders will receive a dividend of JP¥5.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.4%, which is higher than the industry average of 2.6%. Payout Ratios Payout ratio: 1%. Cash payout ratio: 6%.
공시 • Jun 15The Chugoku Electric Power Co., Inc. to Report Q1, 2025 Results on Jul 31, 2024The Chugoku Electric Power Co., Inc. announced that they will report Q1, 2025 results on Jul 31, 2024
Major Estimate Revision • Jun 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥1.56t to JP¥1.45t. EPS estimate also fell from JP¥172 per share to JP¥152 per share. Net income forecast to shrink 59% next year vs 39% decline forecast for Electric Utilities industry in Japan. Consensus price target up from JP¥1,306 to JP¥1,350. Share price was steady at JP¥1,110 over the past week.
New Risk • May 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change).
분석 기사 • May 28The Chugoku Electric Power Co., Inc.'s (TSE:9504) Shareholders Might Be Looking For ExitWith a median price-to-sales (or "P/S") ratio of close to 0.3x in the Electric Utilities industry in Japan, you could...
Price Target Changed • May 16Price target increased by 17% to JP¥1,300Up from JP¥1,115, the current price target is an average from 3 analysts. New target price is 29% above last closing price of JP¥1,010. Stock is up 34% over the past year. The company is forecast to post earnings per share of JP¥172 for next year compared to JP¥371 last year.
Reported Earnings • May 01Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥371 (up from JP¥431 loss in FY 2023). Revenue: JP¥1.63t (down 3.9% from FY 2023). Net income: JP¥133.5b (up JP¥288.9b from FY 2023). Profit margin: 8.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.2%. Revenue is expected to fall by 1.7% p.a. on average during the next 3 years compared to a 1.6% decline forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공시 • May 01The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 26, 2024The Chugoku Electric Power Co., Inc., Annual General Meeting, Jun 26, 2024.
공시 • Apr 30Nitto Kogyo Corporation (TSE:6651) completed the acquisition of 57.13% stake in Tempearl Industrial Co.,Ltd. from The Chugoku Electric Power Co., Inc. (TSE:9504).Nitto Kogyo Corporation (TSE:6651) agreed to acquire 57.13% stake in Tempearl Industrial Co.,Ltd. from The Chugoku Electric Power Co., Inc. (TSE:9504) on January 31, 2024. Tempearl Industrial reported net assets of ¥8,055 million, total assets of ¥12,236 million, sales of ¥10,552 million and net income of ¥231 million in fiscal year ending March 3023. The transaction is expected to close on April 30, 2024.Nitto Kogyo Corporation (TSE:6651) completed the acquisition of 57.13% stake in Tempearl Industrial Co.,Ltd. from The Chugoku Electric Power Co., Inc. (TSE:9504) on April 30, 2024.
분석 기사 • Apr 22Returns At Chugoku Electric Power (TSE:9504) Are On The Way UpIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
공시 • Mar 16The Chugoku Electric Power Co., Inc. to Report Fiscal Year 2024 Results on Apr 26, 2024The Chugoku Electric Power Co., Inc. announced that they will report fiscal year 2024 results on Apr 26, 2024
Reported Earnings • Feb 02Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: JP¥7.01 loss per share (improved from JP¥307 loss in 3Q 2023). Revenue: JP¥363.3b (down 16% from 3Q 2023). Net loss: JP¥2.52b (loss narrowed 98% from 3Q 2023). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to fall by 2.9% p.a. on average during the next 3 years compared to a 2.9% decline forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
New Risk • Feb 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 14% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.8% operating cash flow to total debt). Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Price Target Changed • Dec 16Price target decreased by 17% to JP¥920Down from JP¥1,115, the current price target is an average from 3 analysts. New target price is 10% below last closing price of JP¥1,024. Stock is up 58% over the past year. The company is forecast to post earnings per share of JP¥347 next year compared to a net loss per share of JP¥431 last year.
공시 • Dec 10The Chugoku Electric Power Co., Inc. to Report Q3, 2024 Results on Jan 31, 2024The Chugoku Electric Power Co., Inc. announced that they will report Q3, 2024 results on Jan 31, 2024
Major Estimate Revision • Dec 09Consensus EPS estimates increase by 27%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from JP¥1.76t to JP¥1.66t. EPS estimate rose from JP¥241 to JP¥306. Net income forecast to grow 291% next year vs 23% decline forecast for Electric Utilities industry in Japan. Consensus price target up from JP¥1,115 to JP¥1,165. Share price rose 4.0% to JP¥1,030 over the past week.
공시 • Nov 10Kibo Investment, L.P, managed by Yokohama Capital Co., Ltd, Sony Innovation Fund 3 L.P. managed by Sony Ventures Corporation, The Chugoku Electric Power Co., Inc. and Kyushu Electric Power Company, Incorporated acquired an unknown minority stake in iXs Co., Ltd. from INCJ, Ltd.Kibo Investment, L.P, managed by Yokohama Capital Co., Ltd, Sony Innovation Fund 3 L.P. managed by Sony Ventures Corporation, The Chugoku Electric Power Co., Inc. and Kyushu Electric Power Company, Incorporated acquired an unknown minority stake in iXs Co., Ltd. from INCJ, Ltd. in November 2023.Kibo Investment, L.P, managed by Yokohama Capital Co., Ltd, Sony Innovation Fund 3 L.P. managed by Sony Ventures Corporation, The Chugoku Electric Power Co., Inc. and Kyushu Electric Power Company, Incorporated completed the acquisition of an unknown minority stake in iXs Co., Ltd. from INCJ, Ltd. in November 2023.
New Risk • Nov 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.9% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Nov 02Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: JP¥168 (up from JP¥81.21 loss in 2Q 2023). Revenue: JP¥440.5b (up 1.3% from 2Q 2023). Net income: JP¥60.4b (up JP¥89.6b from 2Q 2023). Profit margin: 14% (up from net loss in 2Q 2023). Revenue missed analyst estimates by 12%. Earnings per share (EPS) exceeded analyst estimates by 111%. Revenue is expected to fall by 1.1% p.a. on average during the next 3 years compared to a 2.1% decline forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
공시 • Sep 13The Chugoku Electric Power Co., Inc. to Report Q2, 2024 Results on Oct 31, 2023The Chugoku Electric Power Co., Inc. announced that they will report Q2, 2024 results on Oct 31, 2023
Reported Earnings • Jul 29First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: JP¥174 (up from JP¥74.28 loss in 1Q 2023). Revenue: JP¥401.1b (up 27% from 1Q 2023). Net income: JP¥62.6b (up JP¥89.4b from 1Q 2023). Profit margin: 16% (up from net loss in 1Q 2023). Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to stay flat during the next 3 years compared to a 1.2% decline forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
공시 • Jul 29+ 1 more updateThe Chugoku Electric Power Co., Inc. Provides Dividend Guidance for the Second Quarter and Year End for the Fiscal Year Ending March 31, 2024The Chugoku Electric Power Co., Inc. provided dividend guidance for the second quarter and year end for the fiscal year ending March 31, 2024. The company expects to pay dividend of JPY 5.00 per share for the second quarter of fiscal year ending March 31, 2024.The company expects to pay year end dividend of JPY 5.00 per share for the fiscal year ending March 31, 2024.
공시 • Jun 24The Chugoku Electric Power Co., Inc. to Report Q1, 2024 Results on Jul 28, 2023The Chugoku Electric Power Co., Inc. announced that they will report Q1, 2024 results on Jul 28, 2023
Price Target Changed • Jun 07Price target increased by 9.1% to JP¥720Up from JP¥660, the current price target is an average from 4 analysts. New target price is 19% below last closing price of JP¥891. Stock is up 4.7% over the past year. The company is forecast to post earnings per share of JP¥181 next year compared to a net loss per share of JP¥431 last year.
공시 • May 26+ 1 more updateThe Chugoku Electric Power Co., Inc. Provides Dividend Guidance for the Second Period of 2024 and Year Ending March 31, 2024The Chugoku Electric Power Co., Inc. provided dividend guidance for the second period of 2024 and year ending March 31, 2024. For the period, the company expects to pay a dividend of ¥5.00 per share.For the year, the company expects to pay a dividend of ¥5.00 per share.
Buying Opportunity • May 19Now 21% undervaluedOver the last 90 days, the stock is up 7.7%. The fair value is estimated to be JP¥937, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Apr 29Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: JP¥431 loss per share (further deteriorated from JP¥110 loss in FY 2022). Revenue: JP¥1.69t (up 49% from FY 2022). Net loss: JP¥155.4b (loss widened 291% from FY 2022). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 01Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: JP¥307 loss per share (further deteriorated from JP¥59.69 loss in 3Q 2022). Revenue: JP¥430.1b (up 55% from 3Q 2022). Net loss: JP¥110.7b (loss widened 415% from 3Q 2022). Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
Price Target Changed • Dec 14Price target decreased to JP¥660Down from JP¥768, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥646. Stock is down 31% over the past year. The company is forecast to post a net loss per share of JP¥513 next year compared to a net loss per share of JP¥110 last year.
Major Estimate Revision • Dec 09Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥1.53t to JP¥1.60t. Forecast EPS reduced from -JP¥214 to -JP¥478 per share. Electric Utilities industry in Japan expected to see average net income growth of 12% next year. Consensus price target down from JP¥768 to JP¥733. Share price fell 3.3% to JP¥646 over the past week.
공시 • Dec 07The Chugoku Electric Power Co., Inc. to Report Q3, 2023 Results on Jan 31, 2023The Chugoku Electric Power Co., Inc. announced that they will report Q3, 2023 results on Jan 31, 2023
Price Target Changed • Nov 16Price target decreased to JP¥768Down from JP¥857, the current price target is an average from 4 analysts. New target price is 8.1% above last closing price of JP¥710. Stock is down 18% over the past year. The company is forecast to post a net loss per share of JP¥214 next year compared to a net loss per share of JP¥110 last year.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent External Director Makoto Furuse was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Oct 30Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: JP¥81.21 loss per share (down from JP¥21.88 profit in 2Q 2022). Revenue: JP¥435.0b (up 64% from 2Q 2022). Net loss: JP¥29.3b (down 471% from profit in 2Q 2022). Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Sep 24Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥1.49t to JP¥1.50t. Forecast EPS reduced from -JP¥148 to -JP¥229 per share. Electric Utilities industry in Japan expected to see average net income growth of 14% next year. Consensus price target down from JP¥857 to JP¥790. Share price was steady at JP¥763 over the past week.
Price Target Changed • Sep 23Price target decreased to JP¥790Down from JP¥857, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥763. Stock is down 29% over the past year. The company is forecast to post a net loss per share of JP¥159 next year compared to a net loss per share of JP¥110 last year.
Major Estimate Revision • Aug 26Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥1.34t to JP¥1.44t. Forecast EPS reduced from -JP¥51.25 to -JP¥159 per share. Electric Utilities industry in Japan expected to see average net income growth of 16% next year. Consensus price target down from JP¥903 to JP¥857. Share price was steady at JP¥844 over the past week.
Reported Earnings • Jul 31First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: JP¥74.28 loss per share (down from JP¥3.78 loss in 1Q 2022). Revenue: JP¥314.8b (up 43% from 1Q 2022). Net loss: JP¥26.8b (loss widened JP¥25.4b from 1Q 2022). Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 17% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Jun 24Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥1.37t to JP¥1.42t. Forecast EPS reduced from -JP¥26.52 to -JP¥46.72 per share. Electric Utilities industry in Japan expected to see average net income growth of 29% next year. Consensus price target broadly unchanged at JP¥903. Share price rose 2.4% to JP¥855 over the past week.
Price Target Changed • May 27Price target decreased to JP¥913Down from JP¥1,085, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥888. Stock is down 17% over the past year. The company is forecast to post earnings per share of JP¥61.30 next year compared to a net loss per share of JP¥110 last year.
Reported Earnings • Apr 30Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: JP¥110 loss per share (down from JP¥40.42 profit in FY 2021). Revenue: JP¥1.14t (down 13% from FY 2021). Net loss: JP¥39.7b (down 373% from profit in FY 2021). Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) missed analyst estimates by 19%. Over the next year, revenue is forecast to grow 7.4%, compared to a 7.1% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent External Director Makoto Furuse was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (4.4%).
Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: JP¥59.69 loss per share (down from JP¥0.37 profit in 3Q 2021). Revenue: JP¥277.6b (down 5.7% from 3Q 2021). Net loss: JP¥21.5b (down JP¥21.6b from profit in 3Q 2021). Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is expected to shrink by 3.2% compared to a 4.9% decline forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 01Second quarter 2022 earnings released: EPS JP¥21.88 (vs JP¥63.17 in 2Q 2021)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥265.4b (down 21% from 2Q 2021). Net income: JP¥7.88b (down 65% from 2Q 2021). Profit margin: 3.0% (down from 6.8% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 14% per year.